First Community Q3 EPS $0.71 Beats $0.70 Estimate
Portfolio Pulse from Benzinga Newsdesk
First Community (NASDAQ:FCBC) reported Q3 earnings of $0.71 per share, surpassing the analyst estimate of $0.70. However, this represents an 8.97% decrease from the previous year's earnings of $0.78 per share.
October 22, 2024 | 8:09 pm
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NEUTRAL IMPACT
First Community's Q3 earnings per share of $0.71 exceeded analyst expectations of $0.70, but showed a decline of 8.97% compared to last year's $0.78. This mixed result may lead to a neutral to slightly positive short-term impact on the stock price.
The earnings beat the analyst estimate, which is typically positive for stock prices. However, the year-over-year decline in earnings may offset this positivity, leading to a neutral to slightly positive short-term impact.
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IMPORTANCE 80
RELEVANCE 100